Bottomline and ANZ Partner for Mobile Cash Management
Bottomline Technologies is partnering with Australia and New Zealand Banking Group (ANZ) to launch ANZ Transactive – Mobile, a corporate banking solution that enables ANZ corporate clients to gain greater visibility and control of their Australian and New Zealand cash management activities while on the go.
ANZ said that as part of its continuous investment in ANZ Transactive, the group recognised that consumer reliance on mobile technology was having a direct influence on the corporate use of mobile devices and tablets for activities such as payments and authorisation. ANZ Transactive – Mobile has been designed to seamlessly integrate with and act as an extension of the ANZ Transactive online solution, which allows clients to seamlessly make cross-border payments between Australia and New Zealand.
Clients will be able to use the mobile banking app on their iPhone, iPad and iPod touch mobile digital devices to remotely monitor account balances, view current and prior day transactions, and approve or reject payments. By navigating through the secure and easy to use interface, and logging in with their existing ANZ Transactive credentials, it will help them make instantaneous financial transactions and business decisions.
“By recognising that chief financial officers [CFOs] and treasurers are increasingly spending more time on the go, we wanted to give our clients a fast, simple and convenient mobile banking experience that enables them to be as productive on the road as they are in the office,” said Anne Collard, global head of product and channel management, payments and cash management at ANZ.
“This is an exciting milestone for ANZ as we continue to develop innovative solutions to make it easier and quicker for our clients to manage their working capital inside and outside of the office, as well as interact with us as their transaction banking provider.”
ANZ added that planning for future mobile enhancements is already underway, including richer security, payments and foreign exchange (FX) rates functionality, as well as supporting non-Apple devices to keep abreast of the rapidly growing smart phone banking market. With the Australian and New Zealand rollout plan set to be rapidly commencing in Q412, ANZ also has plans to integrate and introduce ANZ Transactive – Mobile in key markets across Asia-Pacific.